83
83
tv
eye 83
favorite 0
quote 0
democrats are professionals about big korbel government -- porkbarrel government. instead of the cheap imitation of the republicans trying to be like barack obama. charles: some republicans have done a pretty good job with spending as well. before i let you go, i want to ask about the controversy of freedom works. it is a kind of thing that the mainstream media has been talking about. you let freedom works and a half. give us a little insight into what happened. >> first of all, largely unrelated to the tea party movement. i left there because i had serious concerns about the ethical and moral behavior of the senior leadership. i don't particularly want to discuss that at length. i think you will be resolved. i am consoled by my certain knowledge that time will heal all wounds and this will be all sorted out. but it has nothing to do with with john boehner's misguided sense, his colleagues, all of who were elected as republicans on the republican ticket. or the notion that people have been dreaming about since 2009, that the tea party will dry up. tea party activis
democrats are professionals about big korbel government -- porkbarrel government. instead of the cheap imitation of the republicans trying to be like barack obama. charles: some republicans have done a pretty good job with spending as well. before i let you go, i want to ask about the controversy of freedom works. it is a kind of thing that the mainstream media has been talking about. you let freedom works and a half. give us a little insight into what happened. >> first of all, largely...
152
152
tv
eye 152
favorite 0
quote 0
i'm not a big government fan. if you catch say the euro train on the continent two hours from brussels, that's pretty good, if you want government spending, here's something to show for it. there's nothing to show for it here except the department of bureaucratic compliance. charles: this was a big beef with the stimulus package. they are like -- they built a bridge that took me to stuart and it took them two years to do it. charles: hold on a second. i have to go to nicole, a bank announced they are cutting 11,000 positions? they are repositioning the company? nicole, the question is what's with the stock? nicole: the stock is moving significantly, up about 4% on a day where banking index higher. citigroup announcing 11,000 job cuts, 4% of the workforce. the savings will be roughly 1.1 billion dollars. they will be taking some pretax charges to the fourth quarter earnings of a billion. but this is basically reducing excess. and we should note this is the first move by the new ceo, michael corbatt. everybody had b
i'm not a big government fan. if you catch say the euro train on the continent two hours from brussels, that's pretty good, if you want government spending, here's something to show for it. there's nothing to show for it here except the department of bureaucratic compliance. charles: this was a big beef with the stimulus package. they are like -- they built a bridge that took me to stuart and it took them two years to do it. charles: hold on a second. i have to go to nicole, a bank announced...
70
70
tv
eye 70
favorite 0
quote 0
and federal government also. but he also said that they would have to meet his goals and ideas. leader harry reid, he was more concerned that they were going to be able to reach some kind of an agreement avoid going off the fiscal cliff. gerri: how concerned are you? what would it mean if we read right over the edge? you believe that there will be some agreements by decembee 31? >> it is hard to tell. the house, the senate, the republicans, it's very tough negotiitions up there. i will tell you that i did meet with my finance officer this morning. my budget director. we talked about comparing my state budget. we have to make our decisions within the next month. the state of oklahoma, it will cost to $700 million in so many things. if we got the fiscal cliff. gerri: with the defense cuts come if we do over the cliff, it will cost $100 million or over that? >> 137 million. gerri: would this put you into the red? >> it certainly could. we are still looking at obama's health care plan and what it will do to the state
and federal government also. but he also said that they would have to meet his goals and ideas. leader harry reid, he was more concerned that they were going to be able to reach some kind of an agreement avoid going off the fiscal cliff. gerri: how concerned are you? what would it mean if we read right over the edge? you believe that there will be some agreements by decembee 31? >> it is hard to tell. the house, the senate, the republicans, it's very tough negotiitions up there. i will...
77
77
Nov 29, 2012
11/12
by
FBC
tv
eye 77
favorite 0
quote 0
if i was the government, i would not solve this quickly. i would wait until the very end of the year, if possible. why? because people are selling their stocks and they are taking all extra dividends now, meaning in the first quarter, tax payments to the government will be enormous. gerri: apparently, that's what they want down there in washington. it's worth noting, though, that if you're retired, and you're living on dividend payouts, you're going to see a 43% 4% tax hit. >> yeah. gerri: that's monster. change your strategy at this point if you're in that category? i define one narrowly there. >> yeah, you know, that's a really tough and important question, and it's hard to answer because we don't know, yet, how it's going to really play out, and if they do rais taxes to that degree, then it's possible a lot of companies will lower their dividends or reduce the increases because it's not an efficient use of their capital. gerri: all right. >> it's a difficult question. gerri: all right. we'll let you duck that one, but next time, no ducki
if i was the government, i would not solve this quickly. i would wait until the very end of the year, if possible. why? because people are selling their stocks and they are taking all extra dividends now, meaning in the first quarter, tax payments to the government will be enormous. gerri: apparently, that's what they want down there in washington. it's worth noting, though, that if you're retired, and you're living on dividend payouts, you're going to see a 43% 4% tax hit. >> yeah....
86
86
Nov 30, 2012
11/12
by
FBC
tv
eye 86
favorite 0
quote 0
the concern is government over hang but the government will get out quickly now that the election is past, once morsi 8 is off of the job the new guy is going to say now we can sell the losses on tim geithner's books and so i like aig for the long term. cheryl: whoever is the next tim geithner, you never know. we were talking about the dividend payers and focus on dividend payers because of potential for 39% hit on taxes, 43% pretending to make more. at the same time you are saying the stocks of the dividend payers and chevron and honda and you like these bigger names, stock names. >> we're looking at valuations, a good valuations there, not just dividend by themselves. if they don't have the earnings that will honor the dividend doesn't matter. cheryl: great way to end. thank you very much. coming up, the fiscal cliff survival kit will be continuing to take right now to save money. dennis: doing a little ventriloquism. cheryl: you will thinking of those great points. dennis: not just real change but loose change, coins in my pocket and now it is worse. the u.s. wants to replace the
the concern is government over hang but the government will get out quickly now that the election is past, once morsi 8 is off of the job the new guy is going to say now we can sell the losses on tim geithner's books and so i like aig for the long term. cheryl: whoever is the next tim geithner, you never know. we were talking about the dividend payers and focus on dividend payers because of potential for 39% hit on taxes, 43% pretending to make more. at the same time you are saying the stocks...
75
75
tv
eye 75
favorite 0
quote 0
>> the government does not need any more money, the country needs less government. neil: what do you think with what john boehner has come up with? that was his opening offer. >> it makes no sense to negotiate with ours when a president has not put a serious offer on the table. we need to remind americans, we do not need to take more money from the economy and give it to incomincompetent politicians and bureaucrats, we're not talking about revenue problem, we have doubled our spending but they' more money, and they want republicans to vote to pay for obama's welfare state, we did not vote for it. neil: you would not -- you would not support a hike in taxes in anyway shape or form? >> no but we will get more revenue if we reform our tax code and a pro-growth way, 3/10 of 1% will generate more revenue than what president obama is taxing about what he says tax the rich, his proposal does not add a drop in the buckie on the our problem. this is not a plan or a solution, this is a political trophy, to the left. and republicans should not go along with it. neil: you know,
>> the government does not need any more money, the country needs less government. neil: what do you think with what john boehner has come up with? that was his opening offer. >> it makes no sense to negotiate with ours when a president has not put a serious offer on the table. we need to remind americans, we do not need to take more money from the economy and give it to incomincompetent politicians and bureaucrats, we're not talking about revenue problem, we have doubled our...
108
108
Nov 29, 2012
11/12
by
FBC
tv
eye 108
favorite 0
quote 0
we can put people to work, it raises revenues of the government. it raises people's individual choices how they spend their money, how they live, where they live, what they do. remember, we have a gdp based on 70% of the consumer spending. liz: okay. >> disposable income becomes critical obviously. when you look at job growth, since 1980 the kauffman foundation did a study from 1980 to 2005. all net new jobs came from businesses that were less than five years old. it speaks to america's on the on theal bent and talent. liz: of course. let me jump in because we're running out of time but a quick sort of what everybody might be thinking about fort lee, new jersey, or aspen in downtown in colorado there are empty storefronts. where are you seeing strongest activity? >> we're seeing those with right attributes and demographics. they have growth. they have employment stability. it is all about employment. if you want community to do well and markets to do well it all comes back to healthy employment. liz: coldwell banker commercial ceo, billly redmond.
we can put people to work, it raises revenues of the government. it raises people's individual choices how they spend their money, how they live, where they live, what they do. remember, we have a gdp based on 70% of the consumer spending. liz: okay. >> disposable income becomes critical obviously. when you look at job growth, since 1980 the kauffman foundation did a study from 1980 to 2005. all net new jobs came from businesses that were less than five years old. it speaks to america's...
92
92
tv
eye 92
favorite 0
quote 0
the government was there to help citigroup and lend them a hand. is this new citigroup going to be a better citigroup? >> i certainly think there will be four more focus on generating the operating leverage in each of the individual businesses in the company has been for quite some time. in our view, citigroup's model for the past decade or so has really focused on growth and specifically within revenue growth. not so much within expense discipline. now you have two gentlemen that are focused making sure the expense dividend is part of the story. cheryl: we are so top-heavy covetous bureaucratic, too many middle managers and players. what do they need to do to deliver on the earnings per share and kind of get the taint off of the name citigroup. >> getting rid of what's referred to as taint is a long, slow process that won't be done in one press release or one day or one earnings announcement. i think the fact that you now have a new management team in place, a management team we believe is focused on generating cost savings. that in and of itself
the government was there to help citigroup and lend them a hand. is this new citigroup going to be a better citigroup? >> i certainly think there will be four more focus on generating the operating leverage in each of the individual businesses in the company has been for quite some time. in our view, citigroup's model for the past decade or so has really focused on growth and specifically within revenue growth. not so much within expense discipline. now you have two gentlemen that are...
155
155
tv
eye 155
favorite 0
quote 0
this is the government we're talking about. so it is cumbersome, it is expensive in the form of both taxes and royalalty regime. in the case of a situation like argentina which nationalized its gas companies, you have the issue of attracting outside investors at this point. melissa: well, i don't understand. if the government owns the mineral rights why don't they want to develop it? it would be revenue for them and every government needs money to spend? >> well, indeed. now when you have a case like the united states, it's a matter where your ideology runs down to. the state of north dark has tremendous resources taking advantage of it has 3.1% of it. california which take as opposite view on taking molecules and oil out of the ground has 10%nemployment. so we are on the cusp here of a manufacturing renaissance in certain parlths of the country. the problem -- parts of country. the government is dictating to the market what can be brought to t market. for example, france, belgium, outlawed fracking. melissa: wow. >> in years t
this is the government we're talking about. so it is cumbersome, it is expensive in the form of both taxes and royalalty regime. in the case of a situation like argentina which nationalized its gas companies, you have the issue of attracting outside investors at this point. melissa: well, i don't understand. if the government owns the mineral rights why don't they want to develop it? it would be revenue for them and every government needs money to spend? >> well, indeed. now when you have...
188
188
tv
eye 188
favorite 0
quote 0
government regulation, has that ever tricked you up? is it more onerous now and how dii you overcome it? >> not really. liz: never a problem? >> government is pretty lax on the fitness industry. there are fitness certifying bodies. we encourage all the instructors to certify american council on exercise and american fitness. it is all good. liz: speaking of struggletores she is here with me on the set. i was a jane fonda. there are billy blanks. there are a million ideas out there. how do you keep i guess, the venture-capitalist monee behind you. you've got millions and millions in vc money when there are ideas coming up from behind? >> the good thing about zumba, we created open source fitness. as long as anybody likes to dance there will be zumba classes. we were born dancing two years old, we start dancing. there is new dances and new moves and new evolution of music. we just incorporated it into zumba. liz: ipo? >> it's, never out of the question but we have one lens that we look through, does it help the instructors. if it helps th
government regulation, has that ever tricked you up? is it more onerous now and how dii you overcome it? >> not really. liz: never a problem? >> government is pretty lax on the fitness industry. there are fitness certifying bodies. we encourage all the instructors to certify american council on exercise and american fitness. it is all good. liz: speaking of struggletores she is here with me on the set. i was a jane fonda. there are billy blanks. there are a million ideas out there....
122
122
tv
eye 122
favorite 0
quote 0
think about cash high yield or government related high yield barbell. that is step one. 50% government related securities, 50% high yield bonds. you can increase your real yield aad you're trading some interest rrte risk for some credit risk. now investors usually say to me you generated income for me but it is all dollars, right? how do i diversify the dollar exposure? we talk about international bonds. higher yields the united states. foreign currency exposure. the next question is i don't want any currency exposure. that's when you start to think about adding gold, real estate, master limited partnerships and physical commodities. lauren: you're saying go global with at least some of your investments, at least equity invests. where globally? what countries? >> i don't think it is about countries but i think it is more wheres generate revenue. a lot of great companies around the united states will generate revenue around the world. look at companies domiciled in 50 states where the opportunities doesn't make a lot of sense. it might have made sense 40
think about cash high yield or government related high yield barbell. that is step one. 50% government related securities, 50% high yield bonds. you can increase your real yield aad you're trading some interest rrte risk for some credit risk. now investors usually say to me you generated income for me but it is all dollars, right? how do i diversify the dollar exposure? we talk about international bonds. higher yields the united states. foreign currency exposure. the next question is i don't...
74
74
tv
eye 74
favorite 0
quote 0
maybe the government is simply making a peace savings. i do know seniors cannot save $5 billion without someone paying the price. melissa: thank you. be sure to watch the tom sullivan show this weekend. have all wonderful weekend. happy friday, everyone. we will see you back here on monday. ♪ gerri: tonight, did president obama break the law? some in the senate say yes, and now the cases in front of a judge. we will have a heated debate. with more than a million charities and the u.s. alone, how did you find the best one? we have you covered. "welcome to "the willis report." hello, everybody. i'm gerri willis. tonight no progress on the fiscal cliff as democrats and republicans trade barbs over the issue. one group of americans is finding a way through this regardless of congress and the president. small-business owners in this country are preparing to hire. join me now, chief u.s. economist for i may just pull one side. heart of america group founder, and member of the jobs creation alliance and actual job creators in this country who
maybe the government is simply making a peace savings. i do know seniors cannot save $5 billion without someone paying the price. melissa: thank you. be sure to watch the tom sullivan show this weekend. have all wonderful weekend. happy friday, everyone. we will see you back here on monday. ♪ gerri: tonight, did president obama break the law? some in the senate say yes, and now the cases in front of a judge. we will have a heated debate. with more than a million charities and the u.s. alone,...
130
130
tv
eye 130
favorite 0
quote 0
what is the government's (in nailing steve cohen? charlie: i do not think people are focused on the fiscal cliff. they will not be focused until you see the market sell off. the market believes there will be a deal. until the market trade-off -- adam: we have a guest who will be talking about that a little later on as we get closer to the end of the year. the investigation is still underway. charlie: when you see the market trade-off you watch people freak out. interesting thing about steve cohen, there is no more remarkable trader out there than this guy. say what you want to about him. if you look at his returns, i think he started in 92, one down here. he is up this year, so far, 10%. that is why the feds are after him. i have been speaking to a lot of people with the fpi. long-term returns, consistent and less volatility. what they do, generally, they look at returns, pretty much steady returns, not a lot of volatility. you look at steve collins return, one down year. you look at warren buffett. he destroys profits over that peri
what is the government's (in nailing steve cohen? charlie: i do not think people are focused on the fiscal cliff. they will not be focused until you see the market sell off. the market believes there will be a deal. until the market trade-off -- adam: we have a guest who will be talking about that a little later on as we get closer to the end of the year. the investigation is still underway. charlie: when you see the market trade-off you watch people freak out. interesting thing about steve...
122
122
tv
eye 122
favorite 0
quote 0
>> i believe government is here to fix our streets, roads, and protect us, but they don't need to protect people from their jobs. >> three cheers for her. you at home who understand it's freedom, not central planning that gives us better lives, that's our show. thanks for watching, i'm john stossel. ♪ lou: the obama administration tonight ramping up dlomatic efforts to end seer -- syris bloody civil war and the fear assad could use chemical weapons against his own people. the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meetg with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to reverse the support, and toda a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop
>> i believe government is here to fix our streets, roads, and protect us, but they don't need to protect people from their jobs. >> three cheers for her. you at home who understand it's freedom, not central planning that gives us better lives, that's our show. thanks for watching, i'm john stossel. ♪ lou: the obama administration tonight ramping up dlomatic efforts to end seer -- syris bloody civil war and the fear assad could use chemical weapons against his own people. the...
105
105
tv
eye 105
favorite 0
quote 0
months of civil unrest and the deas of at least 40,000 murdered civilians at the hands of their own government. united states and nato agreeing to deploy patriot weapons and to thwart an aso-called by assad. the missile systems to be positioned near the syria. his staff denies that and estimates if they were deploy troops, it requires 75,000 of the troops in a full ground invasionn order seize the chemical weapon stockpile. fox news confirming they were not ordered to draft the consideration of such a mission. secretary of state clinton is nonetheless talking very tough calling for assad to step down as the obama administration has done for the past 15 months, b refusing, still, to detail which consequences those would be. >> we will explore with like-minded countries what more we can do to bring the conflict to an end, but that will require the assad regime making the decision to participate in a political transition, ending the violence against its own people, and we hope thathey do so because we believe, as you know, that their fall is inevitable, but it's a question of how many people will
months of civil unrest and the deas of at least 40,000 murdered civilians at the hands of their own government. united states and nato agreeing to deploy patriot weapons and to thwart an aso-called by assad. the missile systems to be positioned near the syria. his staff denies that and estimates if they were deploy troops, it requires 75,000 of the troops in a full ground invasionn order seize the chemical weapon stockpile. fox news confirming they were not ordered to draft the consideration of...
155
155
tv
eye 155
favorite 0
quote 0
and there's no sign they had to reverse the support, and today, a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop the bloodshed in syria and begin a political transition to a post asad future. the pressure against the regime in and around damascus seems to be increasing. lou: at home, leon pa net fa issuing the -- panetta issuing the sharpest warning yet. >> the president of the united states made it clear there will be consequences. there will be consequences if the assad regime makes a terrible mistake by using chemical weapons on their own people. lou: neither the white house or pentagon elaborating on what the cons -- consequences would be, but having russia back them would be a determined outcome made by the promise of president obama in dealing with russia after winning a second term as he remarked to the russian president thinking they were off micro
and there's no sign they had to reverse the support, and today, a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop the bloodshed in syria and begin a political transition to a post asad future. the pressure against the regime in and around damascus seems...
101
101
Nov 30, 2012
11/12
by
FBC
tv
eye 101
favorite 0
quote 0
only one week, 1.5 weeks of government spending. that is a hike in the offer to bracket, not just the top bracket. but, as for fair share, take a look at what the top 1% pace. they pay yearly 40% of all federal personal income tax. they make about a fifth of adjusted gross income. top 5% pay nearly 60% of federal personal income tax revenues. they make about a third of all income. you will see 71% is their fair share. they are responsible for about 45% of all income. the bottom 50%, their affective share is now running around 2.4%. we get it. we get that that includes senior citizens and ella terry. lori: that is a good idea. >> they are actually paying less about pie. what will you do, if you raise government spending 4% every year, can you really raise taxes 4% every year? no. lori: if we don't have meaningful spending cuts, there is no budget deal. >> went well tax increases be called austerity. lori: if you have this huge gap, would you just look for more ways? i am being sarcastic. always a pleasure. thank you. melissa: let's c
only one week, 1.5 weeks of government spending. that is a hike in the offer to bracket, not just the top bracket. but, as for fair share, take a look at what the top 1% pace. they pay yearly 40% of all federal personal income tax. they make about a fifth of adjusted gross income. top 5% pay nearly 60% of federal personal income tax revenues. they make about a third of all income. you will see 71% is their fair share. they are responsible for about 45% of all income. the bottom 50%, their...
142
142
tv
eye 142
favorite 0
quote 0
we heard these rumblings out of the administration and the foreign policy apparatus of this government for 15 months saying assad must go. doing absolutely nothing. 40,000 people murdered, and then, unbelievably, the secretary of state today saying that this, you know, the point of which we reach some sort of resolution depends on how many people the assad regimements to kill. are you kidding me? >> they don't know what to do. on this, lou, i have to defend -he administration. it's hard to know what to do in a situation which is now as chaotic as syria. i mean, look -- lou: should we only assign foreign policy masters in the state department and white house then easy, simple tasks they are resolve? >> no, i just think there's some foreign policy challenges more complex than others, and this is a hard one. we armed the libyans and know some of those weapons went to the very people blowing up american embassies and targets. lou: radicals, extremists, terrorists. the administration will not use that term. >> they misread it thinking the russians would help ease assad out of power. there's
we heard these rumblings out of the administration and the foreign policy apparatus of this government for 15 months saying assad must go. doing absolutely nothing. 40,000 people murdered, and then, unbelievably, the secretary of state today saying that this, you know, the point of which we reach some sort of resolution depends on how many people the assad regimements to kill. are you kidding me? >> they don't know what to do. on this, lou, i have to defend -he administration. it's hard...
231
231
Nov 29, 2012
11/12
by
FBC
tv
eye 231
favorite 0
quote 1
melissa: we're looking at giant government overreach? >> we're suffering today what they did magnified many times. i don't think they could imagine all the debt we have today. i will give you one number. woodrow wilson borrowed $100 million to finance world war i. we're still paying interest on the debt. it has not been paid back. that's when it began. melissa: tell me about the health care law. arizona is one of the states kicking it back to the feds. >> when congress enacted the law and president obama signed it said to the state it will raise taxes yourrown taxes and establish an insurance exchange for people that can't or won't get insurance elsewhere. and if you don't do so, we will do so for you and take the cost of it from what we owe you for other obligations we have to you, medicare, medicaid, et cetera. supreme court says that is coercive and you can't do that to the states. you can tell them to set up exchanges and they can tell you to go take a hike and pay for it yourself. that is basically what is happening. melissa: why wo
melissa: we're looking at giant government overreach? >> we're suffering today what they did magnified many times. i don't think they could imagine all the debt we have today. i will give you one number. woodrow wilson borrowed $100 million to finance world war i. we're still paying interest on the debt. it has not been paid back. that's when it began. melissa: tell me about the health care law. arizona is one of the states kicking it back to the feds. >> when congress enacted the...
103
103
tv
eye 103
favorite 0
quote 0
and $300 billion in cuts to other government spending. in the letter to the president, republicans write: this is by no means an adequate long-term solution as resolving the long-term fiscal crisis will require fundamental entitlement reforms. >> reporter: before receiving that offer, the white house said it was looking for more specifics than republicans have just put on the table. >> making vague promises about achieving revenue through capping deductions or closing loopholes simply doesn't add up to a serious proposal. we haven't heard which deductions they would cap or which loopholes they would close. >> reporter: erskine bowles, the co-chair of the president's debt commission and the former chief of staff of president bill clinton, floated a similar plan last year. in embracing it, republicans are claiming bipartisan ship, and it's now up to the white house to respond. back to you. >> getting very interesting. thank you very much, rich edson. david: thanks, rich. well, washington doesn't seem to be get withing close to a debt deal,
and $300 billion in cuts to other government spending. in the letter to the president, republicans write: this is by no means an adequate long-term solution as resolving the long-term fiscal crisis will require fundamental entitlement reforms. >> reporter: before receiving that offer, the white house said it was looking for more specifics than republicans have just put on the table. >> making vague promises about achieving revenue through capping deductions or closing loopholes...
209
209
Nov 30, 2012
11/12
by
FBC
tv
eye 209
favorite 0
quote 0
not because of government. companies were carved by bacteria simply to protect their brand. competition, device the pipes are reputation, it protects us much better than government over well. that is our show. i am john stossel, thank you for watching. [applause]hour lou: good evening, everybody. a lot has changed in the last 2f hours. to balance the republican author of tax revenue increases. president obama, maintaining a highly believable effort of the white house and congress to resolve differences that would avoid the fiscal cliff. that is $1.2 trillion in automatic budget cuts and $600 billion in tax hikes that would result from the expiratin on december 31, te consequences would simply be devasting. the economic impact on the country and the american people would mean the loss of hundreds of thousands, if not millions of jobs. e very likely onset of yet another recession. the white house timothy geithner on capitol hill today. he went there empty-handed to meet the party leaders. house speaker john boehner who has already offered to raise tax revenue finds himself not
not because of government. companies were carved by bacteria simply to protect their brand. competition, device the pipes are reputation, it protects us much better than government over well. that is our show. i am john stossel, thank you for watching. [applause]hour lou: good evening, everybody. a lot has changed in the last 2f hours. to balance the republican author of tax revenue increases. president obama, maintaining a highly believable effort of the white house and congress to resolve...
101
101
Nov 29, 2012
11/12
by
FBC
tv
eye 101
favorite 0
quote 0
it may be beautiful but why california's government is getting an f. your "west coast minute" coming up. dennis: a cool new app that could help you take care of the christmas pictures you're about to take. cheryl: i look at the winners on the nasdaq. little upgrade over there. we will be right back. dennis: breaking news, take a look but don't blink, these are the pictures of mitt romney arriving at the white house moments ago. but he is about to have an awkward meeting with president obama. no press coverage at all, the president says he wants romney's input on the fiscal cliff. some think he might propose a republican compromise of sorts. we shall see. cheryl: it is time for your "west coast minute." an update to a story we brought you last week. the union walkout shut down most of los angeles and long beach ports yesterday. they handle 40% of the nations import trade. they handle the paperwork for the incoming and outgoing vessels, and job workers refused to cross picket lines in a sign of solidarity. if a deal in fiscal cliff is not reached, one in
it may be beautiful but why california's government is getting an f. your "west coast minute" coming up. dennis: a cool new app that could help you take care of the christmas pictures you're about to take. cheryl: i look at the winners on the nasdaq. little upgrade over there. we will be right back. dennis: breaking news, take a look but don't blink, these are the pictures of mitt romney arriving at the white house moments ago. but he is about to have an awkward meeting with president...
177
177
tv
eye 177
favorite 0
quote 0
dagen: get the government out of the markets. connell: the devil wears -- becoming our next ambassador to britain. dagen: holiday travelers paying up. the average ticket price topping $450. connell: everyone needs a few days off. it is the top of the hour. we will go to nicole petallides. good morning. nicole: good morning. let's take a look at what is going on here. let's take a look at jardin restaurants. it turns out they are not meeting the analyst expectations. let's take a look at the stock. it is near its lows of he day. their earnings will miss the analyst estimates. same-store sales dropping 3.2%. as a result, sales have diminished. how about the major market averages? the dow is higher, but the s&p and the nasdaq are lower. dagen: republicans finally pulling off their own plan to deal with the fiscal cliff. connell: the white house predictably saying, no deal. the parameters are there now. we can start to imagine what a deal may look like. >> i think that is right. they have been adamant in saying we want more revenue.
dagen: get the government out of the markets. connell: the devil wears -- becoming our next ambassador to britain. dagen: holiday travelers paying up. the average ticket price topping $450. connell: everyone needs a few days off. it is the top of the hour. we will go to nicole petallides. good morning. nicole: good morning. let's take a look at what is going on here. let's take a look at jardin restaurants. it turns out they are not meeting the analyst expectations. let's take a look at the...
75
75
Dec 5, 2012
12/12
by
CSPAN
tv
eye 75
favorite 0
quote 0
and smaller government. we will not do it by refusing to pay for the government we have, thinking the economy in the process. that would be a good start, as a backdrop. i want to touch on your question about corporate and individual taxes. the third piece is small businesses. we work out how to develop a tax code that is good for competitiveness. you need to think about how those play into it. i think one of the things to keep hearing through messages with different groups of people is, while everybody is aware that the solution is going to take sacrifices from all sides, on spending, on revenues -- the confidence you get for putting the deal in place actually has tremendous economic benefits. the cheapest form of stimulus is confidence. if we can put that in place, and people believe something is going to stick, it becomes easier to do your part in all of this. if the moving pieces and revenue are there, do not underestimate the benefit of what the future holds. >> this ties into michael's point. the produc
and smaller government. we will not do it by refusing to pay for the government we have, thinking the economy in the process. that would be a good start, as a backdrop. i want to touch on your question about corporate and individual taxes. the third piece is small businesses. we work out how to develop a tax code that is good for competitiveness. you need to think about how those play into it. i think one of the things to keep hearing through messages with different groups of people is, while...
106
106
Dec 2, 2012
12/12
by
MSNBCW
tv
eye 106
favorite 0
quote 0
they're against taxes because they think it fuels government and they're against government. they're against compromise -- they're particularly compromised with this particular president for a whole host of reasons. we have the same dynamic. we had back in 2011 when john boehner, i think, left to his own devices would cut a deal with the president in five minutes. >> let's stop for a second. i think they're darn serious. who knows what the world's going to react to this. we don't know. we don't know. forget the market. the world economy doesn't know. my question is this. would the republican party like to go over the cliff hanging onto that 2% rich people and say that's why they did it? can they live with themselves if they do it? >> they have -- in some ways the politics for boehner becomes easier. i don't like to call it a cliff. after they go down the slope. >> why? >> because if nothing happens between now and the oerchd the year, all the tax cuts, puff, they disappear. you come back the first week in january and you pass a bill and then the tee partiers, boehner can make
they're against taxes because they think it fuels government and they're against government. they're against compromise -- they're particularly compromised with this particular president for a whole host of reasons. we have the same dynamic. we had back in 2011 when john boehner, i think, left to his own devices would cut a deal with the president in five minutes. >> let's stop for a second. i think they're darn serious. who knows what the world's going to react to this. we don't know. we...
1,137
1.1K
tv
eye 1,137
favorite 0
quote 0
gm had criticism because a lot of sales are driven by government purchases. we as taxpayers own a significant share of gm that is little questionable. >> gm premium brands saw most growth, buick, cadillac and gmc. chevrolet was kind of flat. last year at this time they had heavy incentives they didn't meet this time around so sales were down. pickup trucks were down. they have new vehicles are coming next year. they're clearing out new current models. they hurt on pickup salls. premium brands are hurting as well. premium and luxury brands are doing well. lori: where is at toe industry related to historic highs? >> this is ahead of expectations this year. definitely really good and it is growing. whether or not the fiscal cliff happens we'll see if things change. for right now consumers don't seem to be concerned. lori: i was trying to avoid the topic. always talking about the fiscal cliff. i will say good-bye. no fiscal cliff. thank you, gary. pressure. melissa: the problem with online shopping used to be you had to wait in order to get what you ordered but n
gm had criticism because a lot of sales are driven by government purchases. we as taxpayers own a significant share of gm that is little questionable. >> gm premium brands saw most growth, buick, cadillac and gmc. chevrolet was kind of flat. last year at this time they had heavy incentives they didn't meet this time around so sales were down. pickup trucks were down. they have new vehicles are coming next year. they're clearing out new current models. they hurt on pickup salls. premium...
120
120
Nov 30, 2012
11/12
by
FBC
tv
eye 120
favorite 0
quote 0
people forget that we have seen revenue of the federal government rise by 26% over the past two years. with those bush tax cuts in place. with that kind of increase in revenue, spending is without question the problem. >> yes, and to talk about raising taxes right now. at the same time, not talk about health care. we had a guest on earlier talking about health care. everyone around the world, and that would mean people from the european union today -- they know that we have to take on health care. the republicans in the house no we have to take on health care. everybody in america that wants to be honest with themselves know that medicare and medicaid @%e not working. we are he said that almost half the states are not going to implement obamacare and it seems like the only people on this planet that don't know that health care has to be on the table and has to be set by the president and the senate. lou: it would be a tragedy if the way in which this president can receive instruction is through a recession and an explosion in unemployment over into the most severe projections of the a
people forget that we have seen revenue of the federal government rise by 26% over the past two years. with those bush tax cuts in place. with that kind of increase in revenue, spending is without question the problem. >> yes, and to talk about raising taxes right now. at the same time, not talk about health care. we had a guest on earlier talking about health care. everyone around the world, and that would mean people from the european union today -- they know that we have to take on...
80
80
tv
eye 80
favorite 0
quote 0
we will be cutting back on government spending, and we will be taxing more. that is bearish for the economy at the margin. david: all right. let's hope they do come to some kind of resolution. good to see you, gentlemen. liz: that was a great discussion, guys, thank you. david: well, the debt battle is waging on in d.c. even with most of the house out of town right now. they're gone until next tuesday. we're going to be heading to d.c. for the very latest. liz: choice hotels, known for comfort inns and quality inns is expanding their brand right here in america. why now? we'll ask ceo and president steve joyce about that and moving up the dividend payout to before the end of the year. david: but, first, on fox business the ceo of tmx group, this is the parent of the toronto stock exchange. you've heard about how the banks in the canada avoided a lot of the subprime mess that our banks got into it. well, the banks getting involved directly in the stock market. tom is going to tell us how and whether or not there are some hidden problems for the banking communi
we will be cutting back on government spending, and we will be taxing more. that is bearish for the economy at the margin. david: all right. let's hope they do come to some kind of resolution. good to see you, gentlemen. liz: that was a great discussion, guys, thank you. david: well, the debt battle is waging on in d.c. even with most of the house out of town right now. they're gone until next tuesday. we're going to be heading to d.c. for the very latest. liz: choice hotels, known for comfort...
175
175
tv
eye 175
favorite 0
quote 0
the government says drugs are illegal, drugs everywhere, just because the government is going to say now what we're going to limit guns, why do people think that's not going to have the same results? >> we have an extraordinary run-up in the sale of guns this year and especially that black friday record which was stunning. thank you very much indeed. and how is this for economic controversy? baby tourism in california. charging residents in china to stay until their baby is born. and hot topic, we're talking about it and this will be new at ten that's next. ♪ stuart: new at 10:00 o'clock. controversy at a whole. mothers are willing to spend thousands of dollars to have their babies here in america. we will talk to the judge about this in just a couple of minutes. the very big story today is this. you have no idea what taxes you will be paying and 2013. if the white house has its way, it will be all taxes, all the time. the democrats are holding the line on big tax increases. we are talking about that right from the start on this monday morning. it is a go nowhere monday. there is l
the government says drugs are illegal, drugs everywhere, just because the government is going to say now what we're going to limit guns, why do people think that's not going to have the same results? >> we have an extraordinary run-up in the sale of guns this year and especially that black friday record which was stunning. thank you very much indeed. and how is this for economic controversy? baby tourism in california. charging residents in china to stay until their baby is born. and hot...
126
126
Dec 1, 2012
12/12
by
MSNBCW
tv
eye 126
favorite 0
quote 0
they are against taxes because they think it fuels government, and they're against government. they're against compromise, particularly against compromise with this particular president for a whole host of reasons. and we have the same dynamic we had back in 2011 when john boehner i think left to his own devices would cut a deal within five minutes with the president -- >> let's talk about -- we disagree about the importance of the cliff. i think it's damn serious business because who knows what the world is going to react -- >> the market is not going to like it. >> we don't know. forget the market. the world economy -- my question is would the republican party like to go over the cliff hanging onto that 2% of rich people and say that's why they did it? can they live with themselves if they do that? >> in some ways the politics for boehner becomes easier, i don't like calling it a cliff, after you go down the slope or whatever you want to call it. >> why? >> because if nothing happens between now and the end of the year, all the tax cuts, poof, they disappear. you come back th
they are against taxes because they think it fuels government, and they're against government. they're against compromise, particularly against compromise with this particular president for a whole host of reasons. and we have the same dynamic we had back in 2011 when john boehner i think left to his own devices would cut a deal within five minutes with the president -- >> let's talk about -- we disagree about the importance of the cliff. i think it's damn serious business because who...
130
130
tv
eye 130
favorite 0
quote 0
the government will never create the number of jobs needed to put america back to work. connell: paul conway, thank you. appreciate you coming on. dagen: scott bloch is joining us now from boston. you look at the nasdaq and the broad market measured by the s&p 500 last year. double-digit gains by both. is that not wanted? >> well, it is. multiples are cheap. even if we look today on yesterday's close. the problems are the corporate earnings really starting to head down. the latest reported s&p earnings were down. that is the first drop since the bottom of the 08 market. truthfully, some of the estimates for next year, $113 on the s&p. i do not see a lot of growth in earnings next year. it does not bode well. it is hard to be very bullish on the market as a whole. dagen: that he's starts to shrink and stocks all of a sudden look a lot more expensive. are you most concerned about what is happening here in the united states or what you see going on over in europe? what about here and our lack of action in washington? >> obviously, i am very concerned. it shows a lack of con
the government will never create the number of jobs needed to put america back to work. connell: paul conway, thank you. appreciate you coming on. dagen: scott bloch is joining us now from boston. you look at the nasdaq and the broad market measured by the s&p 500 last year. double-digit gains by both. is that not wanted? >> well, it is. multiples are cheap. even if we look today on yesterday's close. the problems are the corporate earnings really starting to head down. the latest...
120
120
Nov 30, 2012
11/12
by
FBC
tv
eye 120
favorite 0
quote 0
revenues the government needs. the growth very doesn't sit in the office of harry reid or charlie rangel. the idea is the president is continuously habitually self-defeating. if you tax the upper brackets will crush small business and legal $160 billion into the federal government, not enough to run the government of you month. >> where is the balance? president talk about balance. his plan has no balance. we have $1.6 trillion in additional taxes, ever found. stuart: where is entitled reform? where is anything? entitlement heartbreak in america's back. liz: floating the bill for social security first time ever going into the red. the government has become less capable as it has gotten bigger. ask the hurricanes and the victims how the government responds. stuart: we have got that leader in the show. i want to bring in the wall street journal, kimberly, welcome to the program, always good to have you on board. i am getting all head up here. i am. this so-called offer from the president announced to a slap in the fa
revenues the government needs. the growth very doesn't sit in the office of harry reid or charlie rangel. the idea is the president is continuously habitually self-defeating. if you tax the upper brackets will crush small business and legal $160 billion into the federal government, not enough to run the government of you month. >> where is the balance? president talk about balance. his plan has no balance. we have $1.6 trillion in additional taxes, ever found. stuart: where is entitled...
176
176
tv
eye 176
favorite 0
quote 0
to force government to shrink itself. this is the only way they will do that in my opinion, to have strict term limits for politicians in the future, single term limits so that politics is a duty and no longer a career by buying votes with voters money in perpetuity and that is what the fiscal cliff is all about. is sucking money in a huge transfer from the private sector to big government and big government is totally destructive to the economy and the morale of the nation. dennis: i think the notion that the congress will introduce term limits is on display in a redesign of fantasyland. let's say we do go over the cliff and instead marginal rates go up on their ridge. this doesn't have to be a devastating blow to the economy. doesn't capital at some point find a way to make money? >> all i can tell you is when i came into parliament with margaret thatcher as prime minister the top rate of tax was 92% on the ridge and england was dealing its way into the ocean. margaret thatcher dropped it in the first month to sixty% an
to force government to shrink itself. this is the only way they will do that in my opinion, to have strict term limits for politicians in the future, single term limits so that politics is a duty and no longer a career by buying votes with voters money in perpetuity and that is what the fiscal cliff is all about. is sucking money in a huge transfer from the private sector to big government and big government is totally destructive to the economy and the morale of the nation. dennis: i think the...
209
209
Nov 29, 2012
11/12
by
CNBC
tv
eye 209
favorite 0
quote 1
the city government? and does it really go for good education purposes, as they say? and is there any bureaucratic skimming off the top? the winner loves this game, always does, but how about the rest of you? please think about it. there may be better ways to invest your money. >> moving right along, did the president really resolve key questions on tax rates and spending and entitlements at his campaign rally today? i never heard the word spending? so how close to a deal are we really? i'd like to be optimistic but i'll warn you, caveat emtore. we'll get into that next. [ female announcer ] if you care for someone with mild to moderate alzheimer's, you'll also care about our new offer. you get access to nurses who can help with your questions. and your loved one can get exelon patch free for 30 days. if the doctor feels it's right for them. it cannot change how the disease progresses. hospitalization and rarely death have been reported in patients who wore more than one patch at a time. the most common s
the city government? and does it really go for good education purposes, as they say? and is there any bureaucratic skimming off the top? the winner loves this game, always does, but how about the rest of you? please think about it. there may be better ways to invest your money. >> moving right along, did the president really resolve key questions on tax rates and spending and entitlements at his campaign rally today? i never heard the word spending? so how close to a deal are we really?...
193
193
Dec 5, 2012
12/12
by
CURRENT
tv
eye 193
favorite 0
quote 0
the founding fathers wrote the second amendment in part because they were fearful of having government completely disarm the citizenry. they also had gun control laws. they didn't view the second amendment as a libertarian license for anyone to have any gun anywhere they wanted. >> there were gun control laws way back when, when our founding fathers were drafting these words. what kind of gun limitations were there back then and from the existence of those laws, even if you were an originalist to kind of try to understand and unwrap and figure out what the original drafters meant what could you then discern about the capacity to pass current gun control laws. one thing we know is that the founding fathers regulated guns and who could own them when they thought it was necessary for public safety. the kind of things they thought was necessary we don't grow with anymore. they thought blacks shouldn't have guns and had disdiscriminatory gun laws. the founding fathers barred loyalists, people who refused to swear a loyalty to the revolution to own guns. we are talking about people exercisin
the founding fathers wrote the second amendment in part because they were fearful of having government completely disarm the citizenry. they also had gun control laws. they didn't view the second amendment as a libertarian license for anyone to have any gun anywhere they wanted. >> there were gun control laws way back when, when our founding fathers were drafting these words. what kind of gun limitations were there back then and from the existence of those laws, even if you were an...
117
117
tv
eye 117
favorite 0
quote 0
it funds eight and a half days of government. where's the other 355-days you have to fund? it's a panacea. one thing that's gets people lathered up, we got to get serious and talk about tree balancing our budget. this is not going to do it by what the president says that he wants to do. tracy: not just a deal, but a good one, not just kicking it down the road. thank you for sharing your thoughts. >> you're very welcome. thank you for having me. dennis: auto sales surge, why car dealers tip their hats with sandy, but fear the fiscal cliff. tracy: thiid time the charm for hefner? god love him. getting marrieded gain to a woman 60 years younger. come on, give him a high five for that. dennis: better living through chemicals. the perfect place where he should hold his wedding. getting into the marriage biz. tracy: looking at oil, phil flynn is live at the cme next with the reasons why oil went up, basically, flat now, $18.18 a barrel. we'll be right back. want to try to crack it? yeah, that's the way to do it! now we ne a little bit more... [ male announc ] at humana, we unders
it funds eight and a half days of government. where's the other 355-days you have to fund? it's a panacea. one thing that's gets people lathered up, we got to get serious and talk about tree balancing our budget. this is not going to do it by what the president says that he wants to do. tracy: not just a deal, but a good one, not just kicking it down the road. thank you for sharing your thoughts. >> you're very welcome. thank you for having me. dennis: auto sales surge, why car dealers...
142
142
tv
eye 142
favorite 0
quote 0
this administration sees private charities as a competitor to what the government, the federal government provides in charitable services. they also are doing that with education, by the way, any profit sector in education, is a competitor to what the government does. is there any truth to that, do you think? >> i mean the decision to give a charitable gift is driven by helping the community directly. when it goes through government, i mean we see every day the inefficiency of that, that the charity's mission starts to drift towards what the government wants rather than what the community wants, rather than the mission of the organization. david: private charity is more efficient? stuart: more basic point, when the government does so called charitable work, it is essentially distributing money, it is buying votes. liz: that's right. stuart: when a private charity does good, there's no vote buying. it is an efficient delivery of service. am i crazy? >> added to that is that many of these charities do rely upon local state and federal money for some of their programs. they are already getti
this administration sees private charities as a competitor to what the government, the federal government provides in charitable services. they also are doing that with education, by the way, any profit sector in education, is a competitor to what the government does. is there any truth to that, do you think? >> i mean the decision to give a charitable gift is driven by helping the community directly. when it goes through government, i mean we see every day the inefficiency of that, that...
165
165
Dec 4, 2012
12/12
by
MSNBCW
tv
eye 165
favorite 0
quote 0
what kind of government do we have? the idea you can allow that to happen when the congress already has control over spending is ridiculous. it doesn't serve any purpose. yes, we should do away with that. still have congress have the ability to block it, if they want to vote to do it, but not incremental increases when they don't serve a purpose. >> okay, henry bloj jet. thanks very much. >> thank you for having me. >> straight ahead, boehner lays down the smackdown on gop-ers who dare to challenge the status quo. later, i go hunting with doug dynasty. i'm so excited for this show. "the cycle" rolls on for tuesday, december 4th. male anno] when a major hospital wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] a new way to save on your prescriptions. it's the aarp medicarerx saver p
what kind of government do we have? the idea you can allow that to happen when the congress already has control over spending is ridiculous. it doesn't serve any purpose. yes, we should do away with that. still have congress have the ability to block it, if they want to vote to do it, but not incremental increases when they don't serve a purpose. >> okay, henry bloj jet. thanks very much. >> thank you for having me. >> straight ahead, boehner lays down the smackdown on gop-ers...
180
180
Dec 7, 2012
12/12
by
CURRENT
tv
eye 180
favorite 0
quote 0
people don't understand that to get spending going in the economy, the government has to buy goods and services. it's not enough to put dollars into people's pockets because a lot of of it gets suspended or used to pay down at the timeette debt. the key thing that would help the most is not putting enough money into public works. clearly, we have a vast, your own state needs at least $50 billion to fix up from the hurricane, and to put into place some things that will prevent future damage. the roads are falling apart the bridges are falling apart there's crying needs. this is a win-win for the economy. >> eliot: this sounds very much like paul krugman has been calling out for this, there are ways to get demand back to where it needs to be to stimulate hiring. the two consequences the deficit hawks said would result is interest rates would go up and inflation would spike. neither has happened. why not? >> that's right. because we still don't have an economy that is operating anywhere close to potential. we have vast unused resources people unemployed who could be working. we could hire
people don't understand that to get spending going in the economy, the government has to buy goods and services. it's not enough to put dollars into people's pockets because a lot of of it gets suspended or used to pay down at the timeette debt. the key thing that would help the most is not putting enough money into public works. clearly, we have a vast, your own state needs at least $50 billion to fix up from the hurricane, and to put into place some things that will prevent future damage. the...
156
156
Dec 3, 2012
12/12
by
FOXNEWSW
tv
eye 156
favorite 0
quote 0
not government. companies work hard at fighting bacteria simply to protect their brand. competition, that fight for reputation, protects us much better than government ever will. that's our show. i'm john stossel. captioned by closed captioning services inc. >> i'm chris wallace. it's 30 days and counting until we go over the fiscal cliff. >> the president is demanding higher tax rates. congressional republicans want deeper spending cuts and entitlement reform. will they make a deal before we bring in the new year with a round of tax increases for all of us? we will ask the two men at the center of the negotiations where we really stand. for the president, treasury secretary timothy geithner. for the gop house speaker john boehner. geithner and boehner only on fox news sunday. plus, we've seen this movie before. the two parties edging closer and closer to the brink. we will ask our sunday panel whether we will get a happy ending or an economic disaster. and our power player of the week. a young beauty queen has to make a tough choice. all right now on fox news sunday. >>
not government. companies work hard at fighting bacteria simply to protect their brand. competition, that fight for reputation, protects us much better than government ever will. that's our show. i'm john stossel. captioned by closed captioning services inc. >> i'm chris wallace. it's 30 days and counting until we go over the fiscal cliff. >> the president is demanding higher tax rates. congressional republicans want deeper spending cuts and entitlement reform. will they make a deal...
142
142
Dec 6, 2012
12/12
by
MSNBCW
tv
eye 142
favorite 0
quote 0
we don't have new money for government to spend on infrastructure. government has to play a role here, but increasingly there's a desire from the private sector from private capital to invest in infrastructure. >> jay, we almost always talk about the developed nations and their economies. when they have problems, when they sneeze, the emerging nations catch the flu, right? they are dealing with the impact of the mistakes or the problems in the developed nations far more, right? >> well, i think that's right, toure. here's the interesting thing about infrastructure. if we do a very serious, large, infrastructure program in the united states over the next couple of years, we do two things. we employ a lot of people and good-paying jobs and near term very low growth. over the median term it helps to protect us and make sure we have the competitive position we need to benefit from the emerging economies in their growth as the emerging middle class in dhichi asia, india and elsewhere comes on stream in 2025. we want to sell into asia. >> all right, jay, t
we don't have new money for government to spend on infrastructure. government has to play a role here, but increasingly there's a desire from the private sector from private capital to invest in infrastructure. >> jay, we almost always talk about the developed nations and their economies. when they have problems, when they sneeze, the emerging nations catch the flu, right? they are dealing with the impact of the mistakes or the problems in the developed nations far more, right? >>...
95
95
Dec 7, 2012
12/12
by
CURRENT
tv
eye 95
favorite 0
quote 0
. >> eliot: this has been a fascinating education in the rules of governing. >> i'm glad you brought it up. the opportunity actually allowed democracy, small d., to work. >> eliot: this is where the two sides are bumping heads. my suspicion is that the republicans will cave on rates and say ok, we'll give you your tax breaks for the 98% but not vote to raise the debt ceiling try to use that. >> i think the president will insist as part of any agreement that we deem with the debt ceiling. the republicans can allow the tax cuts to proceed and say we're going to work on round two. the american public did not look kindly on the republicans holding the entire economy hostage. the fiscal cliff is bad, but not irretrievable. you can go into january and still put the pieces back together. as you know, defaulting on the debt is irretrievable thing. that's the economic equivalent of a nuclear weapon. that is a big dynamite compared to the fiscal cliff crew having said that, as they get to the year end, i think they'll say we'll vote to extend middle class tax cuts. our leverage is greater beca
. >> eliot: this has been a fascinating education in the rules of governing. >> i'm glad you brought it up. the opportunity actually allowed democracy, small d., to work. >> eliot: this is where the two sides are bumping heads. my suspicion is that the republicans will cave on rates and say ok, we'll give you your tax breaks for the 98% but not vote to raise the debt ceiling try to use that. >> i think the president will insist as part of any agreement that we deem with...
211
211
tv
eye 211
favorite 0
quote 0
>> one of the things we understand that the federal government is spending too much money. they're borrowing 40 cents of every dollar they have spent. we can help by taking less as states. we'll take less but take away the strings. give us more flexibility. if we can do that we can do more with less. help the federal government balance the budget while providing desired services to our customers. ashley: bottom line, governor, obviously comes down to democrats want to raise taxes on the richest americans while republicans say you know what? we can raise revenue by eliminating deductions. which is the best path forward in your opinion? >> raising taxes in my view is the last thing you would want to do. clearly as you raise revenue you can do it a couple of ways by closing loopholes which is one. proposals on the table. people acknowledge maybe that is one that is a compromise point. raising tax rates is a bone of contention. growing the economy, really how you provide additional revenues to pay the bills. that ought to be a part of the equation too. both sides know there has
>> one of the things we understand that the federal government is spending too much money. they're borrowing 40 cents of every dollar they have spent. we can help by taking less as states. we'll take less but take away the strings. give us more flexibility. if we can do that we can do more with less. help the federal government balance the budget while providing desired services to our customers. ashley: bottom line, governor, obviously comes down to democrats want to raise taxes on the...
124
124
Dec 5, 2012
12/12
by
CNNW
tv
eye 124
favorite 0
quote 0
a new gallup poll shows 62% want government leaders to compromise on the fiscal cliff. just 25% said they should stick to their principles. so why is it that this congress and this white house can't seem to get together and compromise on a deal? it certainly isn't the first time republicans and democrats haven't seen eye-to-eye on an important issue but the players in this debate seem to be almost allergic to budging even a little bit. republican senator john mccain says it hasn't always been that way and it's time for both sides to sit down together. >> it's time now to sit across the table from one another rather than me saying what i could accept and wouldn't accept, why don't we have the president and our leaders, republican and democrat, sit across the table the way they did with bill clinton, the way they did with ronald reagan, and the way you get things done in washington, rather than saying hey, would you stick with grover norquist or would you not or would you address entitlements or not. i believe it's vital that we address the entitlements, who are the eleph
a new gallup poll shows 62% want government leaders to compromise on the fiscal cliff. just 25% said they should stick to their principles. so why is it that this congress and this white house can't seem to get together and compromise on a deal? it certainly isn't the first time republicans and democrats haven't seen eye-to-eye on an important issue but the players in this debate seem to be almost allergic to budging even a little bit. republican senator john mccain says it hasn't always been...
147
147
Dec 7, 2012
12/12
by
MSNBCW
tv
eye 147
favorite 0
quote 1
it's to have the federal government recognize her legal marriage. >> right. >> vis-a-vis the internal revenue service. because when her partner of 42 years died, she owed $363,000 in federal estate taxes that she would not have to pay if her spouse had been a man. >> and that's a great point because she was legally married in canada, lived in a state that marriage equality is legal. so we're not asking in this case for them to affirm the marriage. it's just for them to affirm where she is legally married that the federal government has to respect that, rich around. >> yes, that's true. but i think that the big picture we want to emphasize today is that we are at the beginning of the end of this struggle perhaps. >> right. >> and that these cases are perhaps among the most historic that any of these justices will ever decide because they are defining right before our very eyes what it means to be an american, what rights do you have as an american and as you so eloquently said at the introduction to this segment, this is what we are about. in june we are going to hear from the supreme
it's to have the federal government recognize her legal marriage. >> right. >> vis-a-vis the internal revenue service. because when her partner of 42 years died, she owed $363,000 in federal estate taxes that she would not have to pay if her spouse had been a man. >> and that's a great point because she was legally married in canada, lived in a state that marriage equality is legal. so we're not asking in this case for them to affirm the marriage. it's just for them to affirm...